Trimurthy Traders(Proprietor : Mr. Surya Krishnamurthy) - Transaction No.9 of Practice Sheet-1, Purchase Voucher No.1 - Entry in TallyPrime

Practice Sheet - 1(Transactions for the month of April' 2021)

TRIMURTHY TRADERS

(Prop : Mr. Surya Krishnamurthy) 

Financial Year : 2021-22(April' 2021 to March' 2022)

Assessment Year : 2022-23(April' 2022 to March' 2023)

Date : 02/04/2021 (Transaction No.9)

Goods purchased for from Krishna Enterprises, Odisha as per Invoice No-925 for ₹2,31,438/-.

Item/Product/Taxable Value ₹1,98,600/-, CGST ₹16,419/- and SGST ₹16,419/-.

Total Invoice Value is ₹2,31,438/-(i.e Taxable Value ₹1,98,600 + CGST ₹16,419 + SGST ₹16,419).

Project Practice Sheet 1 - Krishna Enterprises - Invoice No.925

 Let's see how to enter the above Purchase Invoice in TallyPrime.

Steps to enter in TallyPrime

Create Ledger Name 'Krishna Enterprises' under group 'Sundry Creditors'.

Sundry Creditors Ledger Creation in TallyPrime.

Sundry Creditors Ledger Creation in TallyPrime

 

Sundry Creditors Ledger Creation in TallyPrime

Create 'Purchase A/c' under Group 'Purchase Accounts'.

Purchases A/c Ledger Creation in TallyPrime

Create 'CGST' Ledger under Group 'Duties & Taxes'.

Type of Duty/Tax 'GST'.

Tax type 'CGST'

CGST Ledger creation in TallyPrime

Create 'SGST' Ledger under Group 'Duties & Taxes'.

Type of Duty/Tax 'GST'.

Tax type 'SGST/UTGST'

SGST Ledger creation in TallyPrime

Create Stock Items.

Select and press 'Enter' on 'CHart of Accounts'

Multiple Stock Item Creation in TallyPrime

 Select and press 'Enter' on 'Stock Items'

Multiple Stock Item Creation in TallyPrime

Press 'Alt+H' to activate 'Multi Create'

Select and press 'Enter' on 'Multi Create'

Multiple Stock Item Creation in TallyPrime.

Create Stock Unit 'no' for quantity in numbers 

Select UQC 'NOS-NUMBERS' for 'no'

Unit of measure creation for Stock Item in TallyPrime.

Press 'Ctrl+I' or click on 'I:More Details' to HSN Code setup.

Select and press 'Enter' on 'GST - HSN/SAC & Related Details'. 

HSN Code Entry for Multiple Stock Item Creation in TallyPrime.

 

HSN Code Entry for Multiple Stock Item Creation in TallyPrime.

Press 'Ctrl+I' to enter 'GST Rate & Related Details'.

GST Rate setup in Multiple Stock Item Creation of TallyPrime

GST Rate setup in Multiple Stock Item Creation of TallyPrime

Press 'Ctrl+I' to enter 'Standard Buying & Selling Rate'

Standard Buying & Selling Rate Entry in Multiple Stock Item Creation of TallyPrime

Like wise Create all the seven Stock Items.

Multiple Stock Item Creation in TallyPrime.

Press 'Y' or 'Enter' to Accept/Save.

Press 'V' or select and press 'Enter' on 'Vouchers' of GOT(Gateway of Tally) Screen.

Press 'F9' to enter Purchase Voucher/Purchase Invoice.

Press 'F2' to enter Date of Voucher/Date of Invoice/Date of Transaction.

If 'Item Invoice' mode is not active. Press 'Ctrl+H' or click on 'H:Change Mode'.

Select and Press 'Enter Key' on 'Item Invoice'.

Complete Intra-State Purchase Invoice in TallyPrime.
 Complete Intra-State Purchase Invoice Entry in TallyPrime


Press 'Y' or 'Enter' to Accept/Save Voucher.

Now Purchase Invoice No.925 from Krishna Enterprises, Cuttack is Complete.

Press 'Alt+P' to 'Print/Preview/Configure' Voucher.

Purchase Invoice Print Preview in TallyPrime

Purchase Invoice Print Preview in TallyPrime

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